Tag: Geely

Autos & TransportationChinese regulators raise concerns with ride-hailing firms4:37 AM UTC

BEIJING, Sept 2 (Reuters) – Chinese regulators summoned 11 ride-hailing firms including Didi Global Inc (DIDI.N), Geely’s (GEELY.UL) Caocao and Meituan’s (3690.HK) ride-hailing unit to a meeting, the transport ministry said on Thursday, to discuss points of concern in the sector. At the meeting held on Wednesday, authorities highlighted the hiring of unqualified drivers and… Continue reading Autos & TransportationChinese regulators raise concerns with ride-hailing firms4:37 AM UTC

Worldwide Autonomous Trucking Industry – Hardware Will Reach $88.9 Billion Globally by 2026

DUBLIN, Sept. 1, 2021 /PRNewswire/ — The “Autonomous Trucking Market by Infrastructure, Trucking Type and Business Model 2021 – 2026” report has been added to ResearchAndMarkets.com’s offering. This report assesses the autonomous trucking market, including leading vendors, strategies, product, and service offerings. The report evaluates autonomous trucking by autonomy level, powertrain type, components, and supporting… Continue reading Worldwide Autonomous Trucking Industry – Hardware Will Reach $88.9 Billion Globally by 2026

ZKW sigue ampliando la sede de Silao en México

WIESELBURG, Austria, 1 de septiembre de 2021 /PRNewswire/ — ZKW produce sistemas de iluminación de alta calidad para la región del T-MEC en su sede mexicana en Silao desde 2016. Ahora, la empresa especialista en sistemas de luz está ampliando el sitio 21,000 metros cuadrados más. Con esta medida se incrementa la superficie de producción a… Continue reading ZKW sigue ampliando la sede de Silao en México

ZKW Expands Silao Location in Mexico Once Again

WIESELBURG, Austria, Sept. 1, 2021 /PRNewswire/ — ZKW has been manufacturing high-quality lighting systems for the NAFTA region in the Mexican city of Silao since 2016. Now, the lighting specialist is expanding the location by an additional 21,000 square meters. This step increases the production area to a total of 35,000 square meters. In addition, the… Continue reading ZKW Expands Silao Location in Mexico Once Again

The Era of Digitalization in the Malaysia, Thailand, & Philippines Crawler Excavator Market – Arizton

CHICAGO, Sept. 1, 2021 /PRNewswire/ — The trend of government initiatives towards new technology and development in infrastructure is positively impacting the growth of the crawler excavator market. The adoption of crawler excavator is rising due to proper waste management across the globe. In the advent of COVID-19, the digitalization in industrial machinery is highly… Continue reading The Era of Digitalization in the Malaysia, Thailand, & Philippines Crawler Excavator Market – Arizton

Autos & TransportationChinese EV maker Nio cut sales forecast due to chip supply shortage11:20 AM UTC

BEIJING, Sept 1 (Reuters) – Chinese electric vehicle (EV) maker Nio Inc (NIO.N) on Wednesday cut its delivery forecast for the third quarter this year due to uncertain and volatile semiconductor supplies. Nio cut its delivery forecast for the third quarter to around 22,500 to 23,500 vehicles from a previous 23,000-25,000 vehicles. It delivered 5,880… Continue reading Autos & TransportationChinese EV maker Nio cut sales forecast due to chip supply shortage11:20 AM UTC

Drought and fire fuel chip shortage, TSMC sees it extending into 2022

As the chip shortage continues to affect auto production, spike in demand for electronics may not be the only trigger for the shortage. Drought in Taiwan and fire at Japan’s Renesas Electronics earlier this year may have exacerbated the crisis. One of the world’s biggest semiconductor producers, Taiwan’s TSMC has said the shortages will extend into 2022 but… Continue reading Drought and fire fuel chip shortage, TSMC sees it extending into 2022

Volvo Group Venture Capital welcomes Foretellix, a pioneer in automated vehicle verification and validation

GÖTEBORG, Sweden, Sept. 1, 2021 /PRNewswire/ — Volvo Group Venture Capital AB has announced a new investment in a leading company in the field of measurable safety for driver assistance and autonomous vehicles. Foretellix Ltd was founded in 2018 by a team of verification and validation pioneers whose mission is to make automated driving systems… Continue reading Volvo Group Venture Capital welcomes Foretellix, a pioneer in automated vehicle verification and validation

Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems

TEL AVIV, Israel, Sept. 1, 2021 /PRNewswire/ — Foretellix, the leading platform provider automating the testing, verification and validation for automated driving systems (ADAS and AV), has secured $32 million in its latest series B funding round, bringing its total raised capital to over $50 million. The round was led by MoreTech Ventures, with participation from several… Continue reading Foretellix Closes $32M Series B Funding Round For Ensuring The Safe And Efficient Deployment Of Automated Driving Systems